New Technologies of Project Management

Abstract

In the recent years, many organizations have shown a strong intent tocommit their operations to the latest technology in the market. Thisdecision is advised by the observation that emerging technology issteadily gaining a significant influence on the outcome of theiroperations. Specifically, organizations have shown an interest inembracing computer technology in their operations. One of the mostused technology is RFID, which has been across all industries,ranging from production, manufacturing, healthcare to retail, amongmany others.

Thestudy is conducted using four case studies. In addition, there wasfocuse on the literature that addresses the use of technology incarrying out organizational projects. Upon conducting the literaturereview, the author conducted a detailed analysis of case studies,which later provided information for discussion, conclusion, andrecommendations. At the same time, the researcher used a qualitativeapproach to examine the cases, and obtain real-life evidence that wasused to address the phenomena of technology in modern organizationalapplication. In addition, the methodology was quantitative, giventhat it had an element of figures in analysis.

Oneof the findings was that there is measurable change in results inboth the business processes and the organizations themselves.Additionally, the input of human labor decreases significantly whenorganizations use technology, for instance, in keeping track of themovement of the inventory, and other related tasks. Thus, there isincreased effectiveness in the process flow, and technology helpsproject managers to do their work more fruitfully. The paper alsoconcluded that there is an integrated framework of informationtechnology for business value creation in modern organizations. Theuse of technology saves time, costs and improves efficiency.

Limitationsof study

The major limitations of this study are found within its structuralexecution. In research, case study methodology is criticized forlacking information that is pertinent to the wider population. Thismeans that the data that is collected is done so along a longitudinalpath, leaving out useful elements that may influence the outcome ofthe discussions. Secondly, given that the case studies are notscientific, it becomes quite challenging to validate the informationmethodically.

Researchproblem and rationale

At the turn of the millennium, technology took over many aspects oforganizational operations. This included human resource management,inventory management, logistics and others, which are pertinent toproject management. With expanding capacities, project managers foundthemselves having to deal with a lot of information and logistics,which sometimes led to poor project completion. Given this,technology, specifically information technology, was found to be thebest solution. Companies began adopting technology in managing theirprojects, and were able to record significant differences from usingmanual solutions. However, the exact effectiveness of this solutionhas not yet been fully explored. As such, this research paperconcentrated on determining the impact of the use of emergingtechnology in managing organizational projects, specifically onelements such as time, cost and efficiency. The findings of thispaper will be helpful for project managers who wish to employemerging technology in managing their projects, specifically byidentifying the right technology and projecting the outcomes in aninformative manner.

Summary of Chapter 1

With increasing interest in technology-aided operations, manyorganizations are working towards having their projects aligned withthe emerging technology. As of present, many organizations haveacquired and installed various technologies in their operations. Themain objective of these organizations is to reduce the costassociated with manual operations, reduce the time that they take incompleting projects, and improve the quality of their projects in thelong run. The project looked to validate the impact of thesetechnologies, evaluate how managers have used them, and theimplications they have on operational management.

Whilethere are some methods that can be used in studying the topic, casestudy approach is chosen. This is because case studies offer realhistorical evidence, which is useful in conducting professionalresearch. Case study approach has been described as a design thatemploys qualitative and quantitative techniques in obtaininginformation. By analyzing selected case studies, the researcher willbe in a position to establish the significant various technologies inproject management. In total, four cases will be analyzed. The caseswill be obtained from online databases. The information from thesecases will guide the discussions, conclusions and recommendations inlater stages of the paper.

of Chapter 2

The literature determined that the introduction of mechanization andapplication of automation in project management has been successful.In the modern organizational setting, there is little need for humanpresence in operations, as the responsibilities they initially heldare now being taken by automation, via emerging technology. At thesame time, project managers are motivated to use technology, based onthe results they observe in organizations that have already done thesame. Similarly, besides affecting the operations in projects,technology has proven to simplify the overall structure oforganizations, as the human resource departments have to be alignedwith the adopted technology. However, the literature does notcomprehensively address the detailed impact of this technology interms of cost, time and efficiency.